Apax Global Alpha (AGA) has announced that it expects to invest approximately €25m on a look-through basis into the Treasury and Capital Markets (TCM) division of Finastra, following the acquisition of the business by the Apax XI Fund. The transaction, announced by Apax XI on 19 May 2025, will see the carve-out and rebranding of […]
Third Point Investors (TPOU) has announced an all-share deal to acquire Malibu Life Reinsurance SPC (Malibu), marking a significant strategic pivot towards becoming what it describes a fast-growing, fully capitalised reinsurance operating company listed in London. The proposed acquisition – structured on a “NAV for NAV” basis – will see TPOU issue new ordinary shares […]
HICL Infrastructure (HICL) has announced its annual results for the year ended 31 March 2025, delivering robust operational performance despite macroeconomic headwinds and continued pressure on its share price. However, HICL’s net asset value (NAV) per share declined by 3.2% over the year to 153.1p (from 158.2p), largely due to a 40bps rise in the […]
In QuotedData’s morning briefing 21 May 2025: We also have: Stories you may have missed from yesterday:
JPMorgan Indian Investment Trust (JII) has announced a package of proposals aimed at tackling persistent underperformance and a stubborn share price discount, following the conclusion of its strategic review and shareholder consultation. JII’s board says it remains committed to the existing quality-growth investment strategy, led by managers Amit Mehta and Sandip Patodia, and has ruled […]
In QuotedData’s morning briefing 19 May 2025: We also have: Stories you may have missed from Friday
HydrogenOne Capital Growth (HGEN) has published its first quarter 2025 NAV and portfolio update, while its manager has published its latest “Hydrogen Handbook” – its annual hydrogen sector review. In its quarterly update, HGEN has reported a net asset value per share of 89.28p as at 31 March 2025, broadly unchanged from 90.39p at the […]
As promised, Polar Capital Global Financials Trust (PCFT) has launched a tender offer of up to 100% of its issued share capital (excluding treasury shares), offering investors an opportunity to fully exit at a price close to NAV. The proposal, which follows through on a commitment in the trust’s articles of association, is conditional on […]
Schroder Income Growth Fund (SCF) has published its half-year results to 28 February 2025, reporting a NAV total return of 2.9%, trailing its All-Share Index benchmark, which it says returned 5.2%. While performance lagged over the period, the board has unveiled a series of proactive steps aimed squarely at improving shareholder outcomes – including material […]
In QuotedData’s morning briefing 14 May 2025: We also have: Stories you may have missed from yesterday
